Artificial Intelligence enters hedge fund trading

Artificial Intelligence has been the hot topic at CES 2016, Davos World Economic Forum this past week, and today, Hong Kong based Ben Goertzel, world expert on AI and Founder of Aidyia, talked about his hedge fund’s trading algorithms that go beyond the technical trading patterns formulated from price data. Photo by Alex Wong/Getty Images Goertzel’s AI will perform predictive models of price movements without human actions at the computer keys. According to Wired today, he stated, “If we all die, it would keep trading.” The AI driven hedge fund made 2 percent profit its first trading day. This is not a large monetary amount but there are other funds world-wide looking at this technological change in financial trading. The San Francisco startup Sentient Technologies has been using an AI…

Link to Full Article: Artificial Intelligence enters hedge fund trading

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!